At AustralianSuper, we truly care about our colleagues. We know work and life are intertwined. That’s why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible. We ensure diversity is celebrated for the opportunity it provides us all to learn and grow and deliver better outcomes for members. We are dedicated to building a high-performance environment underpinned by a strong risk culture, ensuring we deliver the best outcomes for our members.
The role combines actuarial expertise, modelling capability, model governance and stakeholder management to deliver reliable, fit-for-purpose insights that support decision making and improve outcomes for members.
The role supports the technical needs of the Actuarial Consulting team in ensuring all models are developed, maintained and operated in accordance with the Model Risk Management Standard, including model documentation, testing, validation, controls, monitoring, issue remediation and compliance obligations.
Your New Role
Key duties include but are not limited to:
Lead actuarial modelling and analysis for items including:
Lifetime Value of a Member
Reserve modelling (including ORFR and Trustee Risk Reserve)
Translate complex modelling and analytical outcomes into clear actionable insights for senior executives and key stakeholders.
Develop, enhance and maintain robust, scalable and transparent actuarial models using Excel, Python and other analytical tools where appropriate.
Ensure modelling methodologies, assumptions, calculations and outputs remain fit for purpose and aligned to business requirements and capable of being supported within the Fund’s analytics and data platforms.
Support ad hoc actuarial and other modelling and analysis for senior management and across the Fund in response to unanticipated market events, Federal Budget announcements, policy changes and Strategy reviews.
Performing analyses of the membership in order to identify Fund implications and to generate strategic insights for senior stakeholders to ensure the membership forecast reflects the strategic objectives and targets of the Fund and factors in investment in future membership growth.
Proactively escalate delivery risks, issues, control weaknesses and resourcing constraints to management.
What You’ll Need
Experience in superannuation, life insurance, wealth management or broader financial services.
Prior experience developing stochastic, projection, forecasting or member behaviour models.
Experience mentoring colleagues and transferring technical knowledge to reduce key person dependency
Professional actuarial qualification (FIAA or AIAA).
Technically strong in data analysis tools and programming languages (e.g., Python, R, SQL, Excel, Power BI).
Demonstrated well developed written and oral communication/ interpersonal skills with the ability to present ideas, perspectives clearly and articulately to a wide range of senior stakeholders.
Advanced use of MS Office products, especially Excel and comfortable working with large volumes and multiple sources of data.
An ability to operate under a formal Model Risk Management framework.
Life at AustralianSuper
AustralianSuper is committed to colleague development, and we support our people with ongoing learning, coaching and training, as well as career opportunities across our expanding global organisation. We offer generous leave entitlements and promote a blended working environment in which all roles can flex, and we’re happy to discuss what this looks like for you.
We cultivate a workplace that champions safety, respect, inclusiveness and diversity. We are committed to supporting our diverse workforce in a way that is inclusive and embraces diversity in all its forms. If you require any reasonable adjustments to the recruitment process or the role, please let our recruitment team know.
What’s Next
Apply now, if you share our values of Energy, Integrity, Generosity of Spirit and Excellent Outcomes and would like the opportunity to work in a challenging, growing and rapidly evolving team to deliver outstanding results.
AustralianSuper uses AI to review resumes and conduct initial phone interviews. This involves processing your resume, cover letter, and voice recording in Australia and the USA to help assess your suitability for the applied role. When invited to an AI phone screening, you may opt for a traditional phone screening instead. For information on how we handle your personal data, please refer to our Candidate Privacy Policy.
https://www.australiansuper.com/careers/candidate-privacy-notice
Australian or New Zealand citizenship or Australian permanent residency status is required.
Agencies please note: this vacancy is being managed directly by AustralianSuper’s Talent Acquisition team. We will contact our preferred agency partners should we require additional support. Thank you.
Skills Required
- Experience in superannuation, life insurance, wealth management or broader financial services
- Experience developing stochastic, projection, forecasting or member behaviour models
- Experience mentoring colleagues and transferring technical knowledge
- Professional actuarial qualification, FIAA or AIAA
- Strong data analysis and programming skills using tools such as Python, R, SQL, Excel and Power BI
- Well-developed written, oral communication and interpersonal skills, including presenting to senior stakeholders
- Advanced Microsoft Office skills, especially Excel, and ability to work with large volumes of data from multiple sources
- Ability to operate under a formal Model Risk Management framework
- Australian or New Zealand citizenship or Australian permanent residency status
What We Do
AustralianSuper is for everyday Australians and businesses; we help invest members’ money to create the best possible retirement outcomes for members. More than 3 million members and 440,000 businesses trust us to invest more than AU$270 billion on their behalf. One in 8 working Australians are a member of AustralianSuper, the nation’s largest superannuation fund. Our size has given us the ability to leverage significant investment opportunities for long term performance and low fees that are passed on to our members. With services and advice that simplify super for business including a free clearing house, secure online transactions, dedicated relationship managers, education and help. It’s easy to see why we’ve been a top performing fund. ----------------------------------------------------------------------------------------- AustralianSuper is not responsible for other user's comments. We reserve the right to delete any comments that are not in line with our community standards. By participating in the AustralianSuper’s LinkedIn community, you agree to adhere to our House Rules: ausup.me/HouseRules ______________________________________________________________________________________ Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns. Reference to any awards and ratings are only one factor to be taken into account when choosing a super fund. The information posted by AustralianSuper may be general financial advice which doesn’t take into account your personal objectives, situation or needs. Before making a decision about AustralianSuper, you should think about your financial requirements and refer to the relevant Product Disclosure Statement, available at australiansuper.com/pds or by calling 1300 300 273. AustralianSuper Pty Ltd ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898.
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